It goes without saying that insurance companies don’t want policyholders to shop around. Insureds who shop around will presumably switch insurance companies because there is a high probability of finding coverage at a cheaper rate. A recent survey revealed that consumers who made a habit of comparing rates saved $850 each year compared to other drivers who didn’t regularly shop around.
If finding the cheapest price on Volvo C70 insurance in Corpus Christi is why you’re here, then learning about how to choose a company and compare cheaper coverage can help make the process easier.
The most effective way to get the cheapest Volvo C70 insurance in Corpus Christi is to compare quotes annually from companies that insure vehicles in Texas.
- First, take a little time to learn about how insurance companies determine prices and the modifications you can make to drop your rates. Many rating factors that result in higher prices like high-risk driving behaviors and a poor credit score can be controlled by making minor driving habit or lifestyle changes. Later in this article we will cover more details to help prevent high rates and find additional discounts.
- Second, compare price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can provide rates from a single company like Progressive and State Farm, while independent agents can give you price quotes for a wide range of companies.
- Third, compare the new rates to your current policy and see if you can save money. If you find better rates, make sure coverage is continuous and does not lapse.
- Fourth, give notification to your current company of your intention to cancel your existing policy and submit a completed policy application and payment for the new policy. Immediately put the proof of insurance certificate with your vehicle’s registration.
A crucial key to this process is that you’ll want to make sure you compare the same physical damage deductibles and liability limits on each quote request and and to get quotes from every company you can. This ensures a level playing field and a complete price analysis.
If you already have coverage or are shopping for new coverage, you can use these tips to save money and still get good coverage. Finding affordable car insurance coverage in Corpus Christi is quite easy if you know the best way to do it. Shoppers just need to learn the quickest way to find the lowest price from many different companies.
How much is Volvo C70 insurance in Corpus Christi?
Getting low cost insurance pricing is a great way to save money. The only requirement is to spend a few minutes on the computer to get quotes to discover which company has affordable Volvo C70 insurance quotes.
It’s so simple to compare insurance quotes online makes it obsolete to physically go to different Corpus Christi agent offices. The internet eliminates the middleman unless you require the trained guidance of a local agency. Some companies do allow you to price shop your coverage online but have your policy serviced through an agent.
The companies shown below are ready to provide comparison quotes in Corpus Christi, TX. In order to find cheaper car insurance in Texas, it’s highly recommended you visit several of them to find the most competitive auto insurance rates.
Rates and detailed analysis
The coverage table shown next highlights a range of prices for Volvo C70 models. Having a better understanding of how insurance policy premiums are calculated is important for drivers to make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C70 T5 2-Dr Convertible | $318 | $684 | $264 | $16 | $80 | $1,362 | $114 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Prices do not factor in vehicle location which can increase or decrease coverage rates considerably.
Physical damage deductibles
One common question asked by Corpus Christi drivers is how high should your deductibles be. The data tables below determine the rate differences when you select higher and lower deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C70 T5 2-Dr Convertible | $332 | $584 | $252 | $14 | $76 | $1,283 | $107 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C70 T5 2-Dr Convertible | $270 | $472 | $252 | $14 | $76 | $1,084 | $90 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in specific Corpus Christi garaging location which can alter price quotes greatly.
Based on the data above, we can derive that using a $250 deductible will cost you approximately $17 more each month or $204 each year than requesting the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 15 months between claim filings, you would save money by going with a higher deductible.
Calculate deductible break even point
| Average monthly premium for $250 deductibles: | $107 |
| Average monthly premium for $500 deductibles (subtract): | – $90 |
| Monthly savings from raising deductible: | $17 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $17 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
One important issue to know is that a higher deductible means you will have to cover more of the damage yourself when you have a comprehensive or collision claim. That will force you to have enough savings in order to pay the deductible to have repairs made.
The illustration below demonstrates how deductible levels and can influence Volvo C70 insurance costs for different categories of driver ages. The prices are based on a single male driver, full coverage, and no additional discounts are factored in.
Auto insurance rates by gender and age
The diagram below illustrates the comparison of Volvo C70 insurance rates for male and female drivers. The rate quotes are based on no claims, a clean driving record, comp and collision included, $100 deductibles, drivers are not married, and no other discounts are factored in.
Three main reasons to buy auto insurance
Even though it can be expensive, auto insurance may be mandatory for several reasons.
First, just about all states have compulsory liability insurance requirements which means state laws require a minimum amount of liability insurance if you drive a vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you bought your Volvo C70 with a loan, most lenders will make it mandatory that you carry insurance to ensure loan repayment if the vehicle is totaled. If you default on your policy, the lender may have to buy a policy to insure your Volvo for a much higher rate and require you to fork over for the much more expensive policy.
Third, insurance safeguards both your car and your assets. Insurance will pay for medical transport and hospital expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If your Volvo gets damaged, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.
The benefits of having insurance definitely exceed the price paid, particularly if you ever have a claim. According to a 2015 survey, the average American driver is currently overpaying as much as $700 annually so compare rate quotes every year to help ensure money is not being wasted.
What Impacts Volvo C70 Insurance Rates?
The best way to find cheaper car insurance is to take a look at the rating factors that play a part in calculating car insurance rates. If you know what controls the rates you pay, this enables informed choices that can earn you much lower annual insurance costs. Many different elements are used when you get a price on insurance. A few of the factors are predictable like your driving record, but other factors are less obvious such as your marital status or your commute time.
The itemized list below are just a few of the factors car insurance companies consider when setting your premiums.
Stay claim-free and save money – Companies in Texas provide better rates to people who file claims infrequently. If you file a lot of claims you can look forward to higher rates. Your insurance policy is designed for the large, substantial claims.
Lower car insurance rates with GPS tracking and theft deterrents – Selecting a car model with anti-theft technology or alarm system can help lower your rates. Systems that thwart thieves like OnStar, LoJack tracking, and tamper alarms can help prevent auto theft.
Youthful drivers are expensive to insure – Teen drivers in Texas have been known to be more careless when driving so car insurance rates are higher. More experienced drivers are viewed as being more responsible, are lower risk to insure, and are safer drivers.
The following chart assumes a single driver, full coverage with $500 deductibles, and no discounts or violations.
Infrequent drivers can save – The more you drive your Volvo every year the more you will pay for car insurance. Most insurance companies price each vehicle’s coverage based on their usage. Autos used primarily for pleasure use receive lower rates compared to those used for work or business. Double check that your policy correctly shows the right rating data, because it can save money. An improperly rated C70 is just wasting money.
Bad drivers pay high costs – Being a careful driver impacts your car insurance rates tremendously. Attentive drivers have lower premiums compared to bad drivers. Even one speeding ticket or other violation can increase the cost of insurance to the point where it’s not affordable. People who have flagrant violations such as DUI, reckless driving or excessive speeding may be required to prove financial responsibility with the DMV in their state in order to legally drive.
The diagram below demonstrates how traffic citations and accident claims can increase Volvo C70 insurance prices for different ages of insureds. The price estimates are based on a single male driver, comp and collision included, $500 deductibles, and no discounts are applied to the premium.
More stress means more cost – Did you know your job can affect your rates? Occupational choices like military personnel, air traffic controllers, and dentists usually pay higher rates than average because of high stress and lots of time spent away from family. Conversely, jobs like actors, engineers and the unemployed pay lower than average rates.
Only buy coverage you need – There are a lot of add-on coverages that sound like a good idea at the time but may not be useful. Coverage for things like roadside assistance, death and dismemberment, and membership fees may be wasting your money. The coverages may be enticing when discussing your needs, but if they’re wasting money consider taking them off your policy.
Best car insurance in Corpus Christi
Insuring your vehicle with the right insurance company is difficult considering how many companies there are in Texas. The rank data listed below may help you select which auto insurers to look at comparing rate quotes with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Cheap auto insurance rates are out there
The cheapest Volvo C70 insurance in Corpus Christi is attainable on the web in addition to local insurance agencies, and you should be comparing both to have the best rate selection. A few companies may not have online rate quotes and usually these regional insurance providers sell through independent insurance agents.
As you shop your coverage around, do not buy poor coverage just to save money. There are a lot of situations where an insured cut collision coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy enough coverage at an affordable rate, but do not sacrifice coverage to save money.
Much more information about auto insurance in Texas can be read at the links below
- How do I File a Claim? (Insurance Information Institute)
- Who Has Cheap Auto Insurance for Good Students in Corpus Christi? (FAQ)
- How Much are Auto Insurance Rates for Drivers with a DUI in Corpus Christi? (FAQ)
- How Much are Auto Insurance Quotes for a Learners Permit in Corpus Christi? (FAQ)
- Red Light Cameras (State Farm)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)